Monday 15 February 2016
 
»
Tag
 
»
Central Bank

Saudi cbank raises loan-to-deposit ratio

Seeking to ease tightening liquidity in the banking system, Saudi Arabia's central bank has raised the ratio of deposits which commercial banks can lend out to 90 percent from 85 percent, industry sources said on Sunday. No co

More…

More central bank rate cuts coming before any hike

Global interest rates are likely to go even lower before they rise as financial market volatility and the specter of deflation raise fresh doubts about central banks' ability to fulfill their mandates, policymakers and economists said.

More…

Demand for credit slows down in UAE

Demand for credit in the United Arab Emirates was in a downtrend during the fourth quarter of last year, the AE central bank said on Sunday as it released a survey of banks. The net balance measure for business lending - the weigh

More…

Iran to hook up to international banks in weeks

Iran is set to re-engage with the banking world within weeks as international lenders link up with their Iranian counterparts using global transaction network SWIFT, Iran's Middle East Bank and a senior central bank official told Reuters on

More…

Al Zarooni Exchange licence revoked

The UAE's Central Bank has revoked the license of Al Zarooni Exchange, a money remittance company based in the country, a report said. The exchange house had violated anti-money laundering rules, according to the Central Bank,

More…

Egypt outlines $25bn plan to help small firms

Egypt's central bank on Sunday issued guidelines on how it will incentivise banks to participate in a "comprehensive programme" to help finance small- and medium-sized enterprises in the latest move to try and create jobs and suppo

More…

Egypt outlines $25bn plan to help small firms

Egypt's central bank on Sunday issued guidelines on how it will incentivise banks to participate in a "comprehensive programme" to help finance small- and medium-sized enterprises in the latest move to try and create jobs and suppo

More…

Saudi cbank foreign assets drop 1.9pc in Nov

Net foreign assets at Saudi Arabia's central bank fell 1.9 per cent in November from the previous month to SR2.356 trillion ($628 billion) as the government liquidated assets to cover a huge budget deficit caused by low oil prices.

More…

Saudi home finance company set for $234m launch

Saudi Arabia's central bank has granted a license to its national home finance company, Bidaya and it will launch with SR900 million ($239.94 million) in capital, the firm announced on Tuesday. The decision by the Saudi Arabia

More…

Bahrain cbank raises deposit rate by 25 bps

Bahrain's central bank said it had decided on Wednesday to raise the interest rate on its overnight deposit facility, its key policy interest rate, to 0.50 per cent from 0.25 per cent with immediate effect. The rate on its one

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads